Ann: Completion of Supply Base Sales, page-15

Danger,

yes - I do take your point.......

and yes - it is trading at a deep discount to NAV .......

but - it wont generate enough cash to pay interest bill........

so asset sales will continue.......

and "if" one of the syndicate banks were to sell some of the debt to a 3rd party ..........then it could still be forced to restructure ......

as I said - high risk, and one of two things will happen .......

rgds
V_H